The bill S. 366 aims to amend various sections of the South Carolina Code of Laws concerning homeowners' associations (HOAs) and the rights of homeowners. Key provisions include allowing homeowners to display up to two specific flags, including the U.S. flag and state flag, regardless of any restrictive covenants or HOA rules. Additionally, the bill mandates that homeowners associations disclose any payments made to their officers and requires transparency regarding contracts entered into by the association. It also introduces a new section that limits HOAs from restricting homeowners' freedom of speech without a compelling interest.

Furthermore, the bill prohibits homeowners associations from foreclosing on a homeowner's primary residence due to unpaid dues, fees, or fines, nullifying any governing document provisions that grant such authority. It allows for the placement of liens on properties for unpaid dues but ensures that the rights of homeowners are protected against aggressive collection practices. The provisions related to the enforcement of governing documents and the recording of rules are also clarified, with the bill set to take effect upon the Governor's approval.

Statutes affected:
02/20/2025: 27-1-60, 27-30-150, 27-30-180, 15-41-30, 27-30-130
Latest Version: 27-1-60, 27-30-150, 27-30-180, 15-41-30, 27-30-130